By Paolo Lugarà
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Please notice that Payoneer has separated their adult related and non-adult business by launching a new service, Firstchoice Pay and transitioning every adult payments to there, the non-adult payments won't be affected.
Although there are numerous payment providers, such as PayPal, and digital wallets, including Google wallet, available online, they rarely can meet a freelance worker unique needs. Fortunately, freelancers can receive money online via Payoneer. Payoneer is the preferred remote payout solution/ digital wallet for companies and organizations that make payouts to individuals all over the world. Currently, more than 2,000 companies and over 3 million customers in over 200 countries across the world use Payoneer.
The following is designed to provide an in-depth look at Payoneer, including how it works, how you can benefit from this payment method, and how to sign up for your own account. You will also see how quickly and easily you can connect your Payoneer account to the company you are working for.
How it Works:
To sign up for your own account, you will need to provide correct contact, personal, and security information on the account registration form. After signing up for a Payoneer account, you will receive an email requesting that you verify your account, as well as requesting a government-issued photo identification card, which can be scanned to your computer and uploaded to the site.
After you have sent your ID, the Payoneer staff will look over your application, which may take up to a week. If your application is approved, you will receive an email to this effect. If your application is not approved, you will receive an email explaining why. Within two to three weeks you will receive your Payoneer card through the mail. Then, simply call the number on the card to activate it and it is ready to use.
In addition to receiving payments through the Payoneer card, you can opt for international wire transfers and bank fund transfers.
How to Access Your Account:
When you open a Payoneer account, you will receive a Payoneer credit card (MasterCard) that can be used almost anywhere MasterCard is accepted in more than 200 countries throughout the world. It can also be used for online purchases and at ATMs to withdraw cash. Payoneer offers payments in more than 60 currencies, meaning you will be able to easily access your money without paying expensive conversion fees.
It is important to note that there are small fees associated with your Payoneer account, including a $2.75 transaction fee for each ATM withdrawal and a $2.00 monthly maintenance fee that is subtracted from your available balance. Because Payoneer functions similarly to a prepaid debit card, you will only be able to use it if there is money in your account.
The fees that Payoneer charge for using the Payoneer credit card are as follows:
For balance inquiry it's better checking your balance online, as it's free and fast instead of paying $1 for every ATM inquiry.
Connecting Your Payoneer Account to Your Account
On the company website, select Payoneer as your preferred payment option. After selecting "Already have a Payoneer account", you will be asked to enter your username and password. This automatically connects the two, so the next time you request a payout, it will go directly to your Payoneer account.
The Many Benefits of Opening a Payoneer Account
Payoneer offers a number of advantages. They include:
Why Are so Many Webcam Models Using Payoneer?
In addition to offering safe and secure transactions, Payoneer is one of the few payment providers that accept payments for adult website services. For example, Google wallet and Paypal will not allow transactions for webcam modeling.
A New Payment System - Firstchoice Pay
Beginning on February 1st, 2017, Payoneer and Firstchoice Pay will both be used to process your payments. Not only will you have an online account that you can access for each of these, but each will also provide you with a MasterCard® that can be used to access your earnings. Depending on the platform your earnings come from will determine which of these two accounts will be funded with your earnings.
With Firstchoice Pay credit card, we expect to be able to continue paying our wonderful models no matter where they live at around the globe. We know you have counted on us to send payments in a timely fashion, and this builds reliability between us. This is extremely important to us, and we would never do anything that might cause the trust you have in us to be broken. We carefully chose Firstchoice Pay over others. We are not the only company that is adding, or in some cases, completely switching over to, Firstchoice Pay as a payment processor. You may have received a notification that another company you work for is also changing its payment system and that your future payments from them will be through Firstchoice Pay.
As with the Payoneer system, you will have a new Firstchoice credit card. This card is, in actuality, a debit card, but merchants will not be able to tell the difference. Also, you should know that your new Firstchoice card will function much like the card you most likely already have from Payoneer when you visit an ATM machine. Firstchoice card is issued through Choice bank Limited, and have a daily ATM withdrawal limit of $2,500.
Keep Your Existing Payoneer Card and Account!
However, you may still receive money online via Payoneer for webcamming, so you should not close your existing account there. You may still need it! If you use certain platforms, then you will still receive funds for activities on those platforms. We will provide a list in the near future so you can see which platforms pay onto which card.
Maintaining Security with Both Accounts, and with Both Cards
Having two cards can be confusing at first. You may find it helpful to check online to make sure that the card you are going to be doing business with during any particular transaction is the card you intend on using. Leaving one card at home can ensure that you always have funds available should your purse or bag ever be lost or stolen. This can save you from experiencing a lot of aggravation that could be prevented if one of your cards was kept in a safe place at all times.
Each card will have its own PIN. You should choose different PINs for your cards. We know it may be easier to remember your PINs if they are the same, but doing so is, for several reasons centering on security, ill-advised. Also, both of your online accounts, Payoneer and Firstchoice, should have their own unique passwords.
Setting Up Your New Firstchoice Pay Account Online
You will need to apply to have an account with Firstchoice, and the application process is much the same as that of Payoneer. The processing times are about the same, as well. However, should you encounter any problems or have any questions, we can try to help you with the submission of your application. We cannot, unfortunately, assist with any of the processing or approval aspects of opening an account. For those issues, you would need to discuss the matter with Firstchoice. We have no ability to influence them in their decisions regarding opening accounts or denying any applications.
We hope that you benefit from the addition of Firstchoice Pay to our system, and continue working with us. As always, we welcome your input, questions, and suggestions. Communication is something that we all need in order to receive the best of whatever we are working at and this is no different. We really want you to succeed when you work with us, and we hope that this addition of a new account and new card works out well for everyone.
Whether you are already an established cam model or are simply interested in breaking into the lucrative business, it's time to open a Firstchoice Pay account. With Firstchoice Pay, once you have pending weekly earnings, we will issue you a link to Firstchoice Pay that you will use to link your card to us or apply for a new one. Once done and linked, you will simply email to let us know and we can issue payments. After the first time, you will receive regular payments as your account with I-Camz will be linked to your Firstchoice Pay account.
Setting up a Firstchoice Pay account through I-CAMZ is free and you will receive your card in 10-30 business days. Withdrawing money from a Firstchoice Pay account at an ATM costs $2.75, the same as the Payoneer account, and the monthly account maintenance fee ($2.00), as well. Firstchoice Pay does not support currently adult related payouts to China or India. To learn more about Firstchoice Pay please click here.